Netflix stock jumps as Wall Street sees a new growth engine

This article first appeared on GuruFocus. Netflix Inc. (NFLX, Financials), the streaming company behind one of the worlds largest subscription video platforms, rose about 3% after Evercore raised its price target and pointed to live events as a bigger growth opportunity. Warning! GuruFocus has detected 7 Warning Sign with CVX. Is NFLX fairly valued? Test your thesis with our free DCF calculator.NFLX GF Value chart Analyst Kutgun Maral lifted his target to $110 from $100 and kept an outperform rating. The number getting more attention, though, is coming from Japan. Evercore said 45% of new subscribers surveyed there joined Netflix as part of its World Baseball Classic promotion.